Chawla Development, Inc.

$50,300 PPP Loan in Grenada, Mississippi

Loan Details

Loan Number
4824497002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$50,300
Current Approval
$50,300
Forgiveness Amount
$50,671
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chawla Development, Inc.
Address
1540 Sunset Drive
ZIP Code
38901-4507
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-02

Loan Use Breakdown

Payroll
$37,725
Utilities
$12,575

Lender Information

Servicing Lender
Planters Bank & Trust Company
Originating Lender
Planters Bank & Trust Company

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